The Road to Ruin: "President Bush now says that 'our grid needs to be modernized . . . and I've said so all along.' But two years ago Tom DeLay blocked a modest Democratic plan for loan guarantees for system upgrades, calling it 'pure demagoguery.' And press reports say that despite the blackout, the administration will bow to pressure from Senate Republicans and put on ice the only part of its energy plan that had any relevance to the blackout, a FERC proposal for expanded oversight of the transmission system."
- posted by geoff @ #